· OFFERED FOR SALE is a FULLY LEASED freestanding Freehold Suburban Shopping Centre of 1145sqm GLA; & on a large 3289sqm Commercial zoned corner site.
· Developed over 2 adjoining Ground Level buildings & with 2 separate & conveniently accessible on-site Parking Lot areas.
· A historically successful & fully leased Retail/Commercial centre; & with over 45 years of its original founding-family & still being its current owner/manager proprietors.
· Expanded from its original development in to its now 11 shops, some with adjoining multi-shop locations & with substantially strong, long term active traders.
· A true local Hills Shopping Centre icon – being well exposed & highly visible, amidst its established high-end garden suburb residences.
· Strategically located on a major suburban through-road & providing additional off-site parking bays for its overflow centre patrons.
· Providing its Freehold-owners with a Financially sound Commercial/Retail Investment – & currently generating a Net Annual Rental of some $293Kpa [plus all Outgoings and GST];
a and also in noting too that, in the next 12/18 month trading cycles its majority CPI based Rent Reviews will further enhance its offering, from an attractive Net Return in excess of some 7%pa on the current Asking Price.
· It is attractively Offered For Sale by its [now retiring] owners, by way of Expressions of Interest, from some $4M.
To register your interest or to obtain further details, please contact the exclusive selling agent: David Ellis / of Ellis Corporate – xxxxx / xxxxx / xxxxx
